Market Reports

Phoenix Metro Area Market Update – November 2019 Inventory is the story for the greater Phoenix real estate market in November! Phoenix’s inventory continues its downward trend, with current active listings standing at 14,525, down 19.1% year over year. Correspondingly, the median sales price continues to rise, up 8.8% year over year, and is at…Read More

Rancho Bella Vista Neighborhood Market Report October 2019 The real estate market in Rancho Bella Vista remains steady as we continue through the fall of 2019. The average days on market was 57 days, and the average sales price was $234,681. The absorption rate for October was 0.69, which indicates that the supply of homes…Read More

Emperor Estates Neighborhood Market Report October 2019 The real estate market in Emperor Estates remains steady as we continue through the fall of 2019. The average days on market was 27 days, and the average sales price was $359,333. The absorption rate for October was 0.6, which indicates that the supply of homes for sale…Read More

Ocotillo Heights Neighborhood Market Report October 2019 The real estate market in Ocotillo Heights remains steady as we continue through the fall of 2019. The average days on market was 21 days, and the average sales price was $408,559. The absorption rate for October was 1.6, which indicates that the supply of homes for sale…Read More

Morning Sun Farms Neighborhood Market Report September 2019 The real estate market in Morning Sun Farms remains steady as we begin the fall of 2019. The average days on market was 21 days, and the average sales price was $262,660. The absorption rate for September was 0.38, which indicates that the supply of homes for…Read More

Phoenix Metro Area Market Update – October 2019 Just as we’ve seen in the previous months, the median sales price for the greater Phoenix area continues to rise for the month of October. This rise is largely attributable to the continuing shift in available inventory from lower priced homes to luxury homes. While available inventory…Read More

Montelena Neighborhood Market Report September 2019 The real estate market in Montelena remains steady as we begin the fall of 2019. The average days on market was 102 days, and the average sales price was $415,250. The absorption rate for September was 3.27, which indicates that the supply of homes for sale in Montelena is…Read More

Johnson Ranch Neighborhood Market Report September 2019 The real estate market in Johnson Ranch remains steady as we begin the fall of 2019. The average days on market was 30 days, and the average sales price was $241,468. The absorption rate for September was 0.75, which indicates that the supply of homes for sale in…Read More

Charleston Estates Neighborhood Market Report August 2019 The real estate market in Charleston Estates remains steady as we continue through the summer of 2019. The average days on market was 22 days, and the average sales price was $472,500. The absorption rate for August was 5.33, which indicates that the market is balanced in Charleston…Read More

Phoenix Metro Area Market Update – Sept 2019 Inventory is the story for the greater Phoenix real estate market in Sept! We’ve previously talked about our low inventory of homes driving a very active market, with price-segment-specific hyper-activity. Well, the inventory shortage swings into September, and active listings are down about 16% year over year. As…Read More